Daily Archives: Thursday, September 21, 2017

Posted: September 21, 2017

Fraud Claim Based on Promise to Perform Under the Parties’ Contract Dismissed

In September 19, 2017, a divided First Department issued a decision in Cronos Group Ltd. v. XComIP, LLC, 2017 NY Slip Op. 06515, reversing a decision by Justice Ostrager of the New York County Commercial Division and dismissing a fraud claim founded upon an allegation that the defendant made promises with an undisclosed present intention... Read more »

Posted: September 21, 2017

Turnover Order Can Relate to Out-of-State Property

On September 1, 2017, Justice Scarpulla of the New York County Commercial Division issued a decision in Kassover v. Prism Ventures Partners, LLC, 2017 NY Slip Op. 31933(U), holding that a turnover order can apply to out-of-state property, explaining: The Court of Appeals has held that CPLR Article 52 contains no express territorial limitation. Turnover... Read more »